Angiography Devices Market Procurement Intelligence Report

A buying guide for Angiography Devices category – enriched with research on Angiography Devices procurement spend patterns, Angiography Devices pricing intelligence, market dynamics and top suppliers of Angiography Devices.

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Our category grouping process defines that the overall Medical and Surgical Equipment and Supplies market includes all spend related to any durable machine, instrument, implement or implant used by clinicians for the diagnosis, prevention, monitoring or treatment (whether invasive or non-invasive) of medical conditions. The products may also be used for life support, modification or replacement of part(s) of anatomy, conception control and disinfection of other medical equipment. Dynamics of the global Angiography Devices market play out within this wider arena of Medical and Surgical Equipment and Supplies market. Therefore, our coverage of the Angiography Devices category also operates within this broader boundary of the overall Medical and Surgical Equipment and Supplies market.

Key questions on L4 procurement answered by this report

Strategic Sourcing Guide to Angiography Devices Procurement

Overview

A changing ecosystem within the Medical and Surgical Equipment and Supplies market also affects the procurement process, cost dynamics and supplier attractiveness for the buyers of Angiography Devices. New locations and vendors are emerging as cost effective suppliers of Angiography Devices, offering an opportunity to widen the supplier base and gain further negotiation leverage with incumbent suppliers.

Recent cases of malpractices committed within the overall industry have increased the strictness of regulators within the overall industry. Suppliers now operate with a higher burden in the form of increased costs for compliance and data security as well as increased time to receive approvals for new solutions.

Providers are increasing their adoption of new tools and technologies to optimize efficiencies and reduce the time taken to launch products in the market. This is adding to their OPEX and will have an inflationary impact on the overall price paid by the buyers.

Angiography Devices Procurement Best Practices

The report discusses in detail the best practices that have served well the category managers responsible for Angiography Devices procurement.

For example, Buyers must clearly define clauses pertaining to the ownership of subcontracted services that are not part of their service providers' portfolios. This is necessary to ensure service consistency and control over sensitive data that are shared with sub-contracted firms.

Category managers must ensure that they have clearly identified and listed down potential negotiation levers to maximize the value of their category spend before entering into contract-related discussions with service providers. Common negotiation levers to maximize value include deadlines, terms related to payments, (including fees, expenses, and payment timelines) and assistance required from the buyer's organization.

Investing in benchmarking studies help category managers enhance their knowledge about market pricing or billing rates based on job roles and functions. This allows them to not only save costs but also negotiate with suppliers. For example, while negotiating on rates of bundled services, buyers can save significantly on a single service by cross verifying the rates quoted by suppliers against industry benchmarks.


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Risks in Angiography Devices procurement

Angiography Devices procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Angiography Devices procurement. Some examples include:


  • Frequent changes in government regulations may lead to supplier operation disruptions. This may lead to delay in delivery to the buyers
  • Long credit period provided to buyers for making payment and fluctuating exchange rates pose a risk to suppliers. Default in payment by buyers would impact suppliers' ability to operate efficiently and may create a liquidity risk
  • Suppliers are exposed to the risk of fluctuating prices of key inputs. This impacts the product price as suppliers would have to increase product price to maintain contribution margins

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Who should read this report

  • The report is intended to serve as a one-stop reference guide for Angiography Devices procurement strategy and offers a perfect blend of category basics with deep-dive category data and insights. Therefore, it is ideal for category beginners looking for “Angiography Devices: Procurement Report 101” as well as for category experts actively tracking the global Angiography Devices procurement market.

     

    You may have just initiated your research to design a winning Angiography Devices procurement strategy, or you may be a category expert looking for strategic insights and updated data.Either ways, the report has your requirements covered.

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Key questions on Angiography Devices procurement answered by this report


    Procurement decisions can prove to be costly in the absence of careful deliberation and evaluation of every available option. In fact, more than 90% of the decision makers we work with acknowledge that timely availability of up-to-date category intelligence can help them make better purchasing decisions. More than 80% of them believe that in-house category intelligence needs to be updated periodically to achieve full benefits. If you have read so far, we are quite sure you agree!!

     

    The Angiography Devices procurement report helps take more informed decisions by placing all the critical information and advice at the fingertips of a decision maker. It also specifically answers some of the key questions that we have been routinely asked during our industry outreach initiatives:

     

    • What is the spend potential in the Angiography Devices market?
    • What is the correct price to pay for Angiography Devices? What are the key trends and factors that influence current and future pricing?
    • Which selection criteria are the most important for Angiography Devices Suppliers Market?
    • Who are the top Angiography Devices suppliers? What are their cost structures?
    • Which negotiation levers can reduce Angiography Devices procurement cost ?
    • What are supplier margins in Angiography Devices market?
    • What are the best practices for Angiography Devices procurement and what are the potential risks?

SpendEdge Insights has helped procurement professionals and sourcing teams manage multiple spend areas and achieve more than $2 billion in savings. Activate your free account today!

Angiography Devices Category Insights: What is inside

The Angiography Devices market report offers a complete picture of the supply market and analyzes the category from the perspective of both buyers and suppliers. Analysis of the category trends, procurement best practices, negotiation levers and overall category management strategy advisory are interspersed with in-depth data and commentary on spend outlook, pricing ecosystem and supplier landscape drilled down to a region-level coverage.

Data

A key highlight of this report is the in-depth outlook created on Angiography Devices procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Angiography Devices. A dedicated section to supplier profiles and evaluation helps decision makers cast a wider procurement net and identify gaps in existing relationships.

Insights

Along with specific category and supplier intelligence, the publication also includes curated insights on Angiography Devices market trends, price influencers and inherent risks. These insights help the decision makers prepare for market shaping trends in advance and create alternative strategies for changes in the market conditions.

Advisory

Additionally, the report also advises on the best practices and strategies to manage the Angiography Devices category efficiently. Negotiation levers and opportunities are explained in detail along with quantification of their potential. Benchmark KPIs for supplier and buyer performance management are also aggregated to better organize the category objectives. Other themes of advisory include ideal procurement organization structure, enablers to achieve KPIs or category objectives and ideal SLAs to have with suppliers.

Category Ecosystem

  • Buyer and supplier ecosystem
  • Competitiveness index
  • Buyer and supplier power
  • Threat of new entrants and substitutes

Global and Regional Sourcing Insights

  • Category spend
  • Spend growth
  • Dynamics
  • Opportunities

Pricing and Cost Analysis

    • Pricing outlook and data
    • Drivers of pricing
    • Cost structure and inputs cost
    • Total cost of ownership
    • Pricing models and margins

Cost Saving Opportunities & Negotiation Strategies

  • Buyer and supplier side levers
  • Quantified cost saving opportunities
  • Negotiation strategies and quantified outcome

Procurement Best Practices, Strategy and Enablers

  • Procurement excellence
  • Sustainability and innovation
  • KPIs and category enablers
  • Risk management and outsourcing

Vendor Analysis

  • RFx essentials and selection criteria
  • SLAs
  • Supplier evaluation metrics
  • Detailed supplier profiles

Our research is complex, but our reports are easy to digest. Quantitative analysis and exhaustive commentary is placed in an easy to read format that gives you an in-depth knowledge on the category without spending hours to figure out “what does it mean for my company?”

Category Research Framework


SpendEdge presents a detailed picture of Angiography Devices procurement solutions by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Information Sources


Primary research
Secondary research
Procurement heads
Industry journals and reports
Category managers
Periodicals and new articles
Sourcing consortium professionals
Category webinars
Industry experts and thought leaders
Internal categiry playbooks
Procurement managers
Industry/government websites on regulations, compliance
Category heads of suppliers
Internal databases
Client account heads/managers
Industry blogs/thought leader briefings
Client and industry consultants

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